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Court Of Chancery Awards Major Fee

In re Activision Blizzard Inc. Stockholder Litigation, C.A. 8885-VCL (May 20, 2015, revised May 21, 2015)

This decision will be remembered for the very large fee it awarded to some very entrepreneurial lawyers who risked their all to win a big case.

More importantly over the long run, the decision is a scholarly history of the derivative suit, the causes of action that may or may not be asserted by stockholders after they sell their stock and a host of other issues relating to the settlement of class and derivative litigation. If you are contemplating objecting to a settlement, this is the place to start to find out what you can or cannot do.



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